#fitch #Brazil companies taking advantage of cheaper labor, energy costs and lower taxes in #Paraguay.
#fitch #Paraguay processing more soy, instead of just growing it. This is a positive trend. Also receiving more investment from Brazil.
#fitch straw poll: biggest risks to LatAm: 35% China slowdown; 31% disappointment w/ grwth/reform; 22% US rate rise; 12% pol. instability
#fitch deflation a meaningful risk, and is a negative factor for eurozone sovereign creditworthiness. Possibly one shock away from deflation
#fitch acute economic crisis is Europe is over but the outlook is not robust.
#fitch – Europe’s silent fiscal crisis approaches: the cost of aging.
NEW YORK, Sept 5 (Reuters) – Trading volumes of emerging
market debt rose five percent in the second quarter of 2014
versus the same period a year ago, and for the first time ever
trading of corporate Eurobonds exceeded that of sovereign
Eurobonds, a new survey showed on Friday.
Overall trading volumes of emerging market debt reached
$1.668 trillion, up from $1.587 trillion in the second quarter
of 2013 and a 5 percent increase over the first three months of
this year, according to EMTA, the trade association for the
emerging markets debt trading industry.
NEW YORK, Sept 4 (Reuters) – U.S. Treasuries yields rose on
Thursday after the European Central Bank surprised investors
with a bold plan to help the sagging euro zone economy, while
stronger U.S. economic data supported views the Federal Reserve
may raise interest rates in mid-2015.
Amid the market sell-off, bargain-minded investors sat on
the sidelines ahead of Friday’s U.S. August payrolls data and
scheduled talks in Minsk aimed at ending a five-month war
between Ukraine and pro-Russian separatists.
NEW YORK (Reuters) – NML Capital Ltd, a creditor suing Argentina in the U.S. courts for full payment on defaulted debt, subpoenaed 18 banks last week in an effort to track down $65 million in what it says is embezzled Argentine money laundered through the United States.
Lead attorney for NML, Robert Cohen of Dechert, said in a conference call on Thursday that the list of banks, all of which have at least a presence in the United States, has not been made public.